Washington is the best city to find a job right now, according to report

By Maggie Fazeli FardBy Maggie Fazeli FardMay 10, 2012

Here’s some good news for job-hunters and recent grads: Washington has been named the best city for finding employment right now.

The ranking published by Forbes magazine is based on the D.C. area’s diversity of industries, cost of living, the range in size of businesses that are hiring, and the education level among residents.

View Photo Gallery: Washington was named the best place to land a job right now. See what other superlatives — some absurd, some painfully accurate and all entertaining — have been bestowed on the capital.

Washington — which in this report included D.C., Arlington and Alexandria — beat out other major U.S. cities because it has “a large population of degreed individuals which matches the skill sets that are seeing the most demand right now: business and professional services, engineering and healthcare,” Bob Kovalsky, a senior vice president of the firm that compiled the report, told Forbes.